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Markets

LSE Volume: 4,323 M
Avg Vol: 3,414 M +27%
Fallers
1,901
Unchanged 486
Risers
2,390

PM Brexit speech hurts the pound but lifts the FTSE

The FTSE 100 enjoyed a leg up in afternoon trading amid a fall in pound sterling, rising 0.6% to 7,306. The currency weakened on Theresa May's Brexit speech in Florence as she failed to provide enough detail.

Acacia confirms positive results from Buzwagi trial

Acacia Mining announced positive results from the processing trial underway at Buzwagi which has been designed to maximise gold dore production from the mine.

Intelligent Energy facing uncertain outlook

Intelligent Energy has warned that it faced an uncertain outlook due to the slower than expected development of the market.

Westminster Group revenue up

Westminster Group announced revenues of £2.9m (H1 2016: £2m), which reflected strong growth in the Managed Services and the Technology division in the first half of 2017.

Central Asia Metals to acquire Lynx Resources

Central Asia Metals conditionally agreed to purchase a 100% interest in Lynx Resources, the owner of the SASA zinc-lead mine in Macedonia, from Orion Co-Investments III and Fusion Capital AG for $402.5m.